Which of the following is a percentage increment to base pay provided to a Multiple Choice cost-of-living adjustments relational returns wage differential take pay

##Step 1: Understanding Cost-of-Living Adjustments (COLA)<br />###COLA is a periodic increment to base pay designed to offset the effects of inflation on purchasing power. COLA is tied to inflation indices and aims to maintain the real value of wages.<br />##Step 2: Analyzing Relational Returns<br />###Relational returns encompass non-monetary benefits and perks, such as flexible work arrangements or professional development opportunities, rather than direct increases to base pay.<br />##Step 3: Examining Wage Differentials<br />###Wage differentials refer to variations in pay based on factors like job complexity, skill level, location, or industry, not a percentage increment tied to inflation.<br />##Step 4: Evaluating Variable Pay<br />###Variable pay is performance-based compensation, like bonuses or commissions, separate from base pay and not a fixed percentage increment.<br /><br />#